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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lekoil Limited | LSE:LEK | London | Ordinary Share | KYG5462G1073 | ORD USD0.00005 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.95 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLEK
RNS Number : 2602R
Lekoil Limited
08 December 2016
8 December 2016
Lekoil Limited
("Lekoil" or the "Company")
Award of Options
Lekoil (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that the Company has made the following awards of options over ordinary shares of par value US$0.00005 each in the capital of the Company to Directors under the Long Term Incentive Plan for the CEO and the Non-Executive Director Share Plan for the Non-Executive Directors, which were approved by shareholders at the Company's AGM held on 8 August 2016:
Director Position Options Existing Total granted options options -------------------- ------------------------ ---------- ---------- ----------- Chief Executive Olalekan Akinyanmi Officer 2,600,000 8,623,000 11,223,000 Samuel Adegboyega Non-executive Chairman 100,000 850,000 950,000 Gregory Eckersley Non-executive Director 100,000 1,262,500 1,362,500 Aisha Oyebode Non-executive Director 100,000 287,500 387,500 John Van Der Welle Non-executive Director 100,000 287,500 387,500 H. Adesola Oyinlola Non-executive Director 100,000 100,000 200,000
All options issued under this award are being issued with an exercise price of 21.13p.
The Directors currently have the following interests in ordinary shares in addition to the options set out above:
Director Position Number of % of issued shares share capital -------------------- ------------------------ ----------- --------------- Chief Executive Olalekan Akinyanmi Officer 41,868,293 8.6% Samuel Adegboyega Non-executive Chairman 1,160,000 0.2% Gregory Eckersley Non-executive Director 2,903,050 0.5% Aisha Oyebode Non-executive Director 256,250 0.1% John Van Der Non-executive Director - -% Welle H. Adesola Oyinlola Non-executive Director 632,431 0.1%
For further information, please visit www.lekoil.com or contact:
LEKOIL Limited Alfred Castaneda, Investor Relations +44 20 3434 5800 Hamilton Esi, Corporate Communications +44 20 7920 3150 Strand Hanson Limited (Financial & Nominated Adviser) James Harris / James Spinney / Ritchie Balmer +44 20 7409 3494 Mirabaud Securities LLP (Joint Broker) +44 20 7878 3362 / Peter Krens / Edward Haig-Thomas +44 20 7878 3447 BMO Capital Markets (Joint Broker) Vicary Gibbs / Neil Haycock / Thomas Rider +44 20 7236 1010 Tavistock (Financial PR) Simon Hudson / Barney Hayward / Merlin Marr-Johnson +44 20 7920 3150
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHTRBJTMBMMTTF
(END) Dow Jones Newswires
December 08, 2016 02:05 ET (07:05 GMT)
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